The United States Senate unanimously passed on Wednesday night, March 25, a historic $2 trillion stimulus compromise package to combat the economic fallout of the CCP Virus (Wuhan coronavirus) pandemic.
The 880-page bill, which is the largest economic relief bill in U.S. history, was passed 96-0 with four Republican senators not being able to vote because they were in quarantine due to the virus.
“The Senate just pivoted from one of the most divided periods in recent memory to passing the largest rescue package in American history. And we passed it unanimously,” Senate Majority Leader Mitch McConnell (R-Ky.) tweeted after the vote. “Americans deserved this outcome. I am proud the Senate stepped up.”
The bill includes one-time direct payments to Americans of $1,200 per adult making up to $75,000 a year, and $2,400 to married couples making up to $150,000, with $500 payments per child. The package would also provide $250 billion to extend unemployment insurance to more workers. It offers $600 extra a week to the unemployed for four months. The final package would additionally direct $349 billion in loans to small businesses, reported the Fox News.
— Matt Gaetz (@mattgaetz) March 26, 2020
The bill would allocate $100 billion for hospitals and $200 billion for other domestic priorities.
The bill omitted many Democrat requests that Republicans had called irrelevant, including mandatory early voting, ballot harvesting, requirements that federal agencies analyze their use of “minority banks,” and climate change related emissions restrictions.
“This is legislation we could have passed days ago if it weren’t for Democrats’ Party partisan politics. [House Speaker Nancy] Pelosi [D-Calif.] treated this emergency relief package like a progressive wish list, try to extort this crisis to advance unrelated, political, partisan objectives,” Sen. Ted Cruz (R-Texas) said in a statement. “There is a place for these political and policy discussions, and it is not here and it is not now.”
After days of delays from Democrats, the Senate just passed the 3rd #coronavirus relief package, which will provide immediate, significant help for #TX workers, families and job creators, and critical support for those working to #CombatCovid19.
Read my full statement ⤵️ pic.twitter.com/H5Oaa5Ulot
— Senator Ted Cruz (@SenTedCruz) March 26, 2020
The bill now heads to the House, where lawmakers will try to pass the bill on Friday. Pelosi said that quick passage is unlikely, calling for members to have at least 24 hours to review the bill text once it’s passed by the Senate.
“That’s not gonna work,” she told reporters. “Republicans have told us that’s not possible from their side. … What I’d like to see.. because this a $2 trillion bill—I’d like to see a good debate on the floor.”